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  • Qr46r0831?file=thumbnail
    Creator: Weber, Warren E.
    Description:

    Some of the downloadable Excel files that follow use Pre-1900 dates that Excel does not natively handle. We wrote an Add-In to overcome this limitation. Download the Pre-1900 Date Functions Add-In, copy it to C:\Program Files\Microsoft Office\Office10\Library (for Microsoft Office XP). Then open Excel, go to Tools Add-Ins and check the corresponding box.

  • Ws859f695?file=thumbnail
    Description:

    Some of the downloadable Excel files for the Antebellum U.S. State Bank Balance Sheets use Pre-1900 dates that Excel does not natively handle. We wrote an Add-In to overcome this limitation. Download the Pre-1900 Date Functions Add-In, copy it to C:\Program Files\Microsoft Office\Office10\Library (for Microsoft Office XP). Then open Excel, go to Tools Add-Ins and check the corresponding box.

    Keyword: Antebellum
  • Xg94hp61t?file=thumbnail
    Description:

    The files below demonstrate how to calibrate the neoclassical growth model and then solve the model numerically, using data from Finland as an example.

    BaseCaseCalibration.xls calibrates model parameters and derives a sequence of TFP values in the ‘calibration’ worksheet. The parameters are also saved in paramBase.txt, and the series of TFP values along with labor endowment and taxes are saved in dataBase.txt. The MATLAB program depressions.m uses these text files and solveModel.m to solve the model numerically. The output this program saves to output.xls can be used to generate the graphs in BaseCaseCalibration.xls.

    These files can be used to model any economy over any period by replacing the data in BaseCaseCalibration.xls and saving the results in the correct format to paramBase.txt and dataBase.txt. The files below contain an overview of the calibration procedures, the MATLAB programs, and instructions on using the files on your own data. More details can be found in the files themselves.